Future Applications of It in Pharmaceutical Industry

Future applications of IT in pharmaceutical Industry

mHealth

Mobile Health or mHealth is a term that describes the use of mobile devices to improve health care. These devices include mobile phones, PDAs, monitoring devices, and any other wireless devices that are implemented to support a health practice. These devices are used to collect patient data, transfer clinics' data, between researchers, and even on devices that monitor patients in a health care provider's office.

The use of Smart phones and tablets could change the way pharmacists practice. Smart phones can be used as the devices for referential information. Pharmacists can use these devices to support their patient interactions and help them move out behind the counter. A wealth of Information is already available that pharmacists can use in their practice.

Cloud Computing

Innovations in the Pharmaceutical industry requires a large collaborative efforts from company employees, universities, research institutions, private researchers etc working together to pool ideas in bringing up innovation to table. The solution is provided by Cloud Computing. Using cloud computing the pharmaceutical companies reduce dependence on their own infrastructure and are discovering cloud computing which provides scalable, fast, resilient and cost effective solutions.

The business advantages of cloud computing for the pharmaceutical industry:

1) Scalability to business needs. Expanding of business processes would normally require installation and configuring of multiple new servers .With cloud computing, as the business grows, so does the availability of RAM and storage.

2) Faster project installment. With cloud computing the "lab-to-launch" process is streamlined to increase operational speed and efficiency. Now, after the product leaves the initial stages, the cloud continues to accommodate your data by growing throughout subsequent stages. It enables better collaboration internally and externally, provides improved integration by breaking down information silos, and can handle all of the big data associated with the remainder of the life cycle: quality management, production, clinical trials, packaging, the regulatory process, marketing, etc.

3) Resiliency. In today's market, there is no room for a server blunder, as this could cost a business everything. The beauty of cloud computing is the resiliency and recovery process should any outages occur due to natural or man-made disasters. As adoption of the cloud increases, expect even greater improvements with respect to security, privacy, data protection and IP management.

4) Lower costs. Cloud computing enables